Strong dollar is barrier to sales growth
This article was originally published in Clinica
Analogic, of Peabody, Massachusetts, says sales of products in its cardiovascular information management, CT, digital radiography, patient monitoring and ultrasound divisions all rose on the previous year. The company says that, despite satisfactory results in its medical systems and components businesses, income was hit by a slow-down in its industrial equipment sector. As a result, Analogic is intensifying its focus on costs, productivity and manufacturing efficiency.